Lycopene Market | Industry Analysis, Size, & Share | Covid-19 Impact on Lycopene Market

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MarketsandMarkets Presents
Lycopene Market - Forecast to 2025 https//www.mar
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104131737.html

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The report "Lycopene Market by Source (Synthetic
and Natural), Application (Dietary Supplements,
Food, Pharmaceuticals, and Personal Care
Products), Form (Beadlets, Oil Suspension,
Emulsifiers, and Powder), Property, and Region -
Global Forecast to 2025" The global lycopene
market size is projected to reach USD 161 million
by 2025, from USD 126 million in 2020, recording
a CAGR of 5.0 during the forecast period.
Lycopenes distinct health benefits aiding in the
prevention of several human health diseases has
resulted in high demand from the dietary
supplement industry, as a health ingredient,
thereby driving the lycopene markets growth
potential during the forecast period. Browse 104
market data Tables and 29 Figures spread
through 142 Pages and in-depth TOC on "Lycopene
Market - Global Forecast to 2025 The lycopene
market in the Asia Pacific region is projected to
grow at the highest CAGR from 2019 to
2025 Factors driving the growth of the Asia
Pacific market include the presence of the
lycopene manufacturing companies in this region.
In addition, the production of tomatoes is the
highest among all the regions, globally resulting
in lower cost for procuring raw material. Hence,
the development of technologies and abundant raw
material leading the manufacturers to produce and
supply lycopene to an array of industries at a
competitive price and gaining an advantage over
the competitors in the other regions.
Furthermore, the rising awareness on benefits of
lycopene in food, dietary supplement, and
personal care cosmetic applications is expected
to boost the demand for lycopene, also resulting
in higher exports from the surplus production of
lycopene in this region, which will further boost
the market share of this region in the global
lycopene market. Download PDF Brochure
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• Report Objectives
• Market Intelligence
• Determining and projecting the size of the
  lycopene market, with respect to source,
  application, form, property, and regional
  markets, over a five-year period, ranging from
  2020 to 2025
• Identifying the attractive opportunities in the
  market by determining the largest and
  fastest-growing segments across regions
• Providing detailed information about the key
  factors influencing the growth of the market
  (drivers, restraints, opportunities, and
  industry-specific challenges)
• Analyzing the micromarkets, with respect to
  individual growth trends, prospects, and their
  contribution to the total market
• Competitive Intelligence
• Identifying and profiling the key market players
  in the lycopene market
• Understanding the competitive landscape and
  identifying the major growth strategies adopted
  by players across the key regions
• Analyzing the value chain and products across the
  key regions and their impact on the prominent
  market players
• Providing insights into key product innovations
  and investments in the extruded snacks market
• Request for sample Pages https//www.marketsandma
  rkets.com/requestsampleNew.asp?id104131737

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Rising consumption of lycopene in an array of
industries due to its functions as a health
ingredient and coloring agent Lycopene is
witnessing a rise in consumption in an array of
industries including dietary supplements, food,
personal care cosmetics, and pharmaceuticals.
It is experiencing this growth due to its
properties that mainly includes being a health
ingredient, followed by being a coloring agent.
The majority of the market share in the global
lycopene market was accounted for by the health
ingredient property. The coloring agent property
has a comparatively smaller share in the global
market for lycopene. This is a result of the
limited application of lycopene as a coloring
agent in the food industry. Also, applications of
lycopene as a health ingredient are expanding,
which is further expected to boost the growth of
lycopene in the global market. Dietary
supplements to record the highest CAGR during the
forecast period The demand for dietary
supplements is on the rise in developed and
developing countries among the millennial
population. Lycopene constitutes to be a key
ingredient in the dietary supplements consumed by
an individual daily. Also, industry experts
foresee the adoption rate for dietary supplements
to increase the most in the next five years.
Hence, lycopenes key role in the dietary
supplement application because of its distinct
health benefits is expected to bolster the growth
during the forecast period between 2020 and
2025. Make an Inquiry https//www.marketsandmar
kets.com/Enquiry_Before_BuyingNew.asp?id104131737
 
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• Key Players
• Key players operating in this market include
  Allied Biotech Corporation (China), Lycored
  (Israel), DSM (Netherlands), Wellgreen Technology
  Co Ltd (China), Divis Labs (India), San-Ei Gen
  F.F.I., Inc (Japan), Dangshang Sannuo Limited
  (China), DDW (US), Dohler (Germany), Farbest
  Brands (US), Zhejiang NHU CO. Ltd (China), EID
  Parry (India), Shaanxi Kingsci Biotechnology Co.
  Ltd (China), Vidya Herbs (India), Xian Pincredit
  Biotech Co Ltd (China), Hunan Sunshine Bio-Tech
  Co.Ltd (China), Xian Natural Field
  Bio-Technology Co.,Ltd (China), Plantnat (China),
  SV AgroFoods (India), and Plamed Green Science
  Group (China).
• Recent Developments
• In January 2018, E.I.D. Parry (India) entered
  into a partnership with Synthite Industries Ltd
  to synergize the companys marketing strength in
  its human nutrition segment
• In September 2018, E.I.D. Parry (India) acquired
  Alimtec S.A. (Chile), which is a part of Bayer
  Group (Germany), to strengthen its nutraceutical
  business.
• In June 2019, DDW (US) The Color House acquired
  the natural color business from DuPonts
  Nutrition Biosciences division to expand its
  global reach and also to add manufacturing and
  technical attributes in new natural colors.
• Speak to Analyst https//www.marketsandmarkets.co
  m/speaktoanalystNew.asp?id104131737

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